Montrose Environmental Group Announces Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Media General (MEG) Misses Q3 EPS by $3.09, Revenues Beat
November 12, 2020 4:14 PM ESTMedia General (NYSE: MEG) reported Q3 EPS of ($2.99), $3.09 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $84.7 million versus the consensus estimate of $78.55 million.
Third Quarter 2020 Highlights
Total revenue of $84.7 million increased 47.0% compared to the prior year quarterNet loss of $30.7 million compared to a net loss of $6.7 million in the prior year quarter, primarily due to non-cash fair value adjustments and non-capitalizable IPO expensesAdjusted EBITDA1 of $16.7 million increased 107.3% compared to the prior year quarterAdjusted... More